The former chair of the NCUA, JoAnn Johnson, is going back to supervising credit unions. Johnson was named last week by Iowa Gov. Terry Branstad as the state's new superintendent in the Iowa Division of Credit Unions.

One of the nation's smallest corporates, the $100 million Iowa Corporate Central CU of Des Moines, is about to end its operations possibly by yearend with correspondent services shifted to the National Cooperative Bank of Washington.